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EU pays out EUR 1.4 billion to Bulgaria, Croatia, Romania for green transition

By District Energy posted 06-13-2023 15:05

  

Balkan Green Energy News

Summary

The European Union paid out EUR 2.4 billion from its Modernisation Fund in its largest joint disbursement so far, to boost green transition in seven member states including Bulgaria, Croatia, and Romania. The three countries have received EUR 1,385 billion in total.

Eight projects for new renewable electricity production capacities, district heating, and gas infrastructure to replace coal-powered energy are set to be implemented in Romania. Romania also intends to support the modernization and rehabilitation of the district heating network with EUR 190 million.


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